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Aliko Dangote, Africa's Richest Man Drops In Forbes Rating - Business - Nairaland

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Aliko Dangote, Africa's Richest Man Drops In Forbes Rating by NaijaMagazineO: 11:26pm On Jul 28, 2017
BILLIONAIRE Nigerian businessman Aliko Dangote has fallen from being the 51st richest person in the world to the 105th, according to the 2017 Forbes Rich List.

Forbes magazine reports that Mr Dangote's wealth dropped from $15.4bn (£11.8bn) in 2016 to $12.2bn this year, due to Nigeria's currency being devalued.

It would be recalled that about this time last year, Mr Dangote suffered the same misfortune as reported by Naija Magazine Online. Read story here titled, 'Naira Devaluation: Dangote Suffers Setback, Appeals to Nigerian Government'

Mr Dangote, who made his fortune in the production of cement, sugar and flour, made international headlines in 2016 when he said he wanted to buy Arsenal Football Club within the next four years.

Continue reading at Naija Magazine Online http://www.naijamagazineonline.com/2017/07/aliko-dangote-africas-richest-man-drops.html

Re: Aliko Dangote, Africa's Richest Man Drops In Forbes Rating by Nobody: 11:28pm On Jul 28, 2017
If dangote can feel this recession, only God knows how many SME's that would have shutdown.


APC is fu*cked up.
Re: Aliko Dangote, Africa's Richest Man Drops In Forbes Rating by IBpaul(m): 11:34pm On Jul 28, 2017
Ok
Re: Aliko Dangote, Africa's Richest Man Drops In Forbes Rating by Nasa28(m): 11:50pm On Jul 28, 2017
Thanks to buhari
Re: Aliko Dangote, Africa's Richest Man Drops In Forbes Rating by geez18(m): 11:57pm On Jul 28, 2017
why won't he drop? ill gotten wealth in collusion with corrupt politicians, now everything has gone south and the filthy well has run dry, it's only fitting that he'll drop.

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